Originally posted by ladymuck
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Would you take a short gig with long payment terms during this period?
Collapse
X
-
merely at clientco for the entertainment -
Originally posted by eek View PostIt does not solve the risk issue - factoring gets you the money early but if the agency goes bankrupt you will need to pay the factoring company backComment
-
-
-
-
Originally posted by Old Greg View Postmerely at clientco for the entertainmentComment
-
Comment
-
Originally posted by ladymuck View PostIs invoice factoring worth considering?
They claw back the money if payment never comes.
They also will have a percent of ALL your business. Factoring only helps cashflow. It's not protection against bad debt,See You Next TuesdayComment
-
Originally posted by Lance View Postno.
They claw back the money if payment never comes.
They also will have a percent of ALL your business. Factoring only helps cashflow. It's not protection against bad debt,merely at clientco for the entertainmentComment
-
Isn't factoring something these small agents should be using, not the one-man-band contractor?
I'd check the basics on companies house...
filing history, anything outstanding or overdue, including historical
unsatisfied charges that are secured against company assets
gazette notices, past and present
last 3 years P&L, balance sheets, looking for anything suspect
current directors, and other businesses they're involved in, particularly any that have been closed down.Last edited by CheeseSlice; 7 September 2020, 13:01.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment